An Act To Establish Procedures For School Construction Projects
Died in Possession of the Senate when the Legislature adjourned Sine Die and was PLACED IN THE LEGISLATIVE FILES. (DEAD)
Summary
The bill establishes a School Construction Debt Service Fund and the Maine Public School Financing Authority to pay for school building projects, with the state covering at least 75% of debt service and local districts covering at least 25%. Funding is drawn from lottery, casino, sports‑wagering, cannabis and tobacco taxes, surplus General Fund balances, federal aid and other sources. All projects must meet green‑certification and energy‑efficiency standards.
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